East Dulwich

Thought I'd start a thread focusing on East Dulwich where I live (I know there's already one on West Dulwich, but, though it's close, it's a distinctly different area).

East Dulwich was mentioned a couple of times in yesterday's 'House Prices Bubble Swells in London' article:

"At a two-bed flat in East Dulwich which I visited – a snip at close to half a million pounds – there were queues of buyers on the "open day". The agent, comically clad in Sir Les Patterson drag (shiny suit and breakfast-splattered tie), told me he was only accepting offers at the asking price and from "clean" buyers (mostly with lots of cash from their parents)."

"Although my property search has taken in Battersea, Bow, Clapham, Chiswick, East Dulwich, Herne Hill, Highbury, Mortlake, Putney and Walthamstow – virtually all of zone 2 London – I accept my search results are anecdotal. Maybe I've just alighted on a few sought-after properties in a few hot spots."

Now, great area though it is, I personally haven't seen any 2 bed flats going for close to £500k in East Dulwich... has anyone else?

The mighty neo liberal steam roller that crushed all before it from the 1980s to the beginning of the new millennium has morphed in recent years into a Charlie Carioli clown car that now can not go two yards without loud bangs, smoke pouring out of the engine and the doors dropping off. (by stormymonday_2011, posted amidst the Barclays Libor crisis on 02/07/2012)

Polster: why did you vote labour?
Labour voter: because I hate Margaret Thatcher
Polster: how old were you when she left Downing st?
Labour voter: 3
(by Robo1968, posted 10/05/2010)

From BBC HYS 15/05/2009:
"Last year, my MP's second home claim was £5,000 more than my total salary and now I find out that he's trying to charge me for cleaning his swimming pool!"

Now, great area though it is, I personally haven't seen any 2 bed flats going for close to £500k in East Dulwich... has anyone else?

Given the rest of the article I suspect a bit of liberal rounding up to make the point, 2 bed flats seem to max out at £400k asking (and that is silly pricing). I would suspect the "average" 2 bed flat sold price to be around £280k at the moment.

Interestingly the market in West D seem to be dead at the moment, at least there is stuff in East for sale even if the prices are silly.

Given the rest of the article I suspect a bit of liberal rounding up to make the point, 2 bed flats seem to max out at £400k asking (and that is silly pricing). I would suspect the "average" 2 bed flat sold price to be around £280k at the moment.

Interestingly the market in West D seem to be dead at the moment, at least there is stuff in East for sale even if the prices are silly.

True.

West Dulwich is a bit of a boring place to be honest (compared to East Dulwich anyway)

There are some really good fast links into central London now/coming soon from East Dulwich, with the Overground from Forest Hill (already available) and soon from Denmark Hill and Peckham Rye (coming next year I think) too...

Edited by SHERWICK, 24 February 2012 - 03:00 PM.

The mighty neo liberal steam roller that crushed all before it from the 1980s to the beginning of the new millennium has morphed in recent years into a Charlie Carioli clown car that now can not go two yards without loud bangs, smoke pouring out of the engine and the doors dropping off. (by stormymonday_2011, posted amidst the Barclays Libor crisis on 02/07/2012)

Polster: why did you vote labour?
Labour voter: because I hate Margaret Thatcher
Polster: how old were you when she left Downing st?
Labour voter: 3
(by Robo1968, posted 10/05/2010)

From BBC HYS 15/05/2009:
"Last year, my MP's second home claim was £5,000 more than my total salary and now I find out that he's trying to charge me for cleaning his swimming pool!"

Forest Hill (SE23), Peckham Rye (SE15) and Denmark Hill (SE5) stations ain't East Dulwich... They are at least 2/3 of a mile from SE22, think some EAs obviously have expanded the definition of East Dulwich lately (the ones with the "bar" in the EA?) to ramp prices!

Forest Hill (SE23), Peckham Rye (SE15) and Denmark Hill (SE5) stations ain't East Dulwich... They are at least 2/3 of a mile from SE22, think some EAs obviously have expanded the definition of East Dulwich lately (the ones with the "bar" in the EA?) to ramp prices!

I'm in the southern end of East Dulwich (SE22 on Underhill Road near the South Circ), and Forest Hill station is much closer than East Dulwich station for me to be honest.

The mighty neo liberal steam roller that crushed all before it from the 1980s to the beginning of the new millennium has morphed in recent years into a Charlie Carioli clown car that now can not go two yards without loud bangs, smoke pouring out of the engine and the doors dropping off. (by stormymonday_2011, posted amidst the Barclays Libor crisis on 02/07/2012)

Polster: why did you vote labour?
Labour voter: because I hate Margaret Thatcher
Polster: how old were you when she left Downing st?
Labour voter: 3
(by Robo1968, posted 10/05/2010)

From BBC HYS 15/05/2009:
"Last year, my MP's second home claim was £5,000 more than my total salary and now I find out that he's trying to charge me for cleaning his swimming pool!"

"Although my property search has taken in Battersea, Bow, Clapham, Chiswick, East Dulwich, Herne Hill, Highbury, Mortlake, Putney and Walthamstow – virtually all of zone 2 London – I accept my search results are anecdotal. Maybe I've just alighted on a few sought-after properties in a few hot spots."

Now, great area though it is, I personally haven't seen any 2 bed flats going for close to £500k in East Dulwich... has anyone else?

I can't believe you'd leave out West Dulwich

I haven't seen any 500k'ers in ED, as that's encroaching onto the poorer condition/smaller houses' price range - depending on where in ED. ED prices hotted up post 2007, but has calmed down over the last 18 months or so - in my own personal research.

West Dulwich is a bit of a boring place to be honest (compared to East Dulwich anyway)

There are some really good fast links into central London now/coming soon from East Dulwich, with the Overground from Forest Hill (already available) and soon from Denmark Hill and Peckham Rye (coming next year I think) too...

The mighty neo liberal steam roller that crushed all before it from the 1980s to the beginning of the new millennium has morphed in recent years into a Charlie Carioli clown car that now can not go two yards without loud bangs, smoke pouring out of the engine and the doors dropping off. (by stormymonday_2011, posted amidst the Barclays Libor crisis on 02/07/2012)

Polster: why did you vote labour?
Labour voter: because I hate Margaret Thatcher
Polster: how old were you when she left Downing st?
Labour voter: 3
(by Robo1968, posted 10/05/2010)

From BBC HYS 15/05/2009:
"Last year, my MP's second home claim was £5,000 more than my total salary and now I find out that he's trying to charge me for cleaning his swimming pool!"

I'm looking for a 250-280 2 bed flat in South London (Streatham/Brixton through to Brockley/Forest Hill etc).

Anything worthwhile is selling very quickly. Often within a week. All going to sealed bids. Prices are around 2007 mark or higher. Not sure how much higher as always out bid. Properties often being readvertised at higher prices after seller realises the extent of demand e.g. clealry getting asking price offers a week after advertising.

Very high demand out there. Often see the same people at viewings at opposite ends of this extended catchment area.

I'm looking for a 250-280 2 bed flat in South London (Streatham/Brixton through to Brockley/Forest Hill etc).

Anything worthwhile is selling very quickly. Often within a week. All going to sealed bids. Prices are around 2007 mark or higher. Not sure how much higher as always out bid. Properties often being readvertised at higher prices after seller realises the extent of demand e.g. clealry getting asking price offers a week after advertising.

Very high demand out there. Often see the same people at viewings at opposite ends of this extended catchment area.

Welcome to the forum Elroy. Out of all those places I'd say that Forest Hill is probably the best, and looking on Rightmove it seems that there are quite a few 2 beds between 200k and 300k in Forest Hill...

The mighty neo liberal steam roller that crushed all before it from the 1980s to the beginning of the new millennium has morphed in recent years into a Charlie Carioli clown car that now can not go two yards without loud bangs, smoke pouring out of the engine and the doors dropping off. (by stormymonday_2011, posted amidst the Barclays Libor crisis on 02/07/2012)

Polster: why did you vote labour?
Labour voter: because I hate Margaret Thatcher
Polster: how old were you when she left Downing st?
Labour voter: 3
(by Robo1968, posted 10/05/2010)

From BBC HYS 15/05/2009:
"Last year, my MP's second home claim was £5,000 more than my total salary and now I find out that he's trying to charge me for cleaning his swimming pool!"

Welcome to the forum Elroy. Out of all those places I'd say that Forest Hill is probably the best, and looking on Rightmove it seems that there are quite a few 2 beds between 200k and 300k in Forest Hill...

The mighty neo liberal steam roller that crushed all before it from the 1980s to the beginning of the new millennium has morphed in recent years into a Charlie Carioli clown car that now can not go two yards without loud bangs, smoke pouring out of the engine and the doors dropping off. (by stormymonday_2011, posted amidst the Barclays Libor crisis on 02/07/2012)

Polster: why did you vote labour?
Labour voter: because I hate Margaret Thatcher
Polster: how old were you when she left Downing st?
Labour voter: 3
(by Robo1968, posted 10/05/2010)

From BBC HYS 15/05/2009:
"Last year, my MP's second home claim was £5,000 more than my total salary and now I find out that he's trying to charge me for cleaning his swimming pool!"